Tankless water heaters are a newer type of heating system compared to the more traditional water heater tanks. However, they provide a host of benefits: 1. They are more attractive than traditional heaters . This may seem like a silly reason to go tankless, but it’s true. They have a more modern design and take up much less space than a tank. Given their massive appearance, traditional heaters are usually closeted away, but tankless heaters can sit on a wall. 2. They save money in the long run. Tankless water heaters are more expensive upfront in comparison to those with tanks. However, the Department of Energy estimated that this purchase has a return investment of up to $108 per year in energy bills. This is likely because tankless water heaters don’t follow the same heating process as traditional heaters. Unlike a tank that constantly reheats water and uses energy throughout the day, tankless water heaters provide instant hot water at the ready. So, this means that they don’t ru